Coffee Pacifica Received Positive Response from Exhibition in Seattle.LAS VEGAS -- Coffee Pacifica, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CFPC CFPC College of Family Physicians of Canada CFPC California Forest Products Commission CFPC Child & Family Policy Center (Iowa) CFPC Centre Français du Patronat Chrétien CFPC Community Family Planning Council CFPC Central Florida Pregnancy Center, Inc. ) announced today that it had received an overall positive response from its exhibition of the premium quality Papua New Guinea Papua New Guinea (păp` ə, –y green bean coffee at the Specialty Coffee Association of America The Specialty Coffee Association of America (SCAA) is a trade organization for the specialty coffees industry. The SCAA seeks to set standards for growing, roasting, and brewing premium coffees. ("SCAA SCAA Specialty Coffee Association of AmericaSCAA School Curriculum and Assessment Authority (England) SCAA South China Athletic Association SCAA Spill Control Association of America SCAA State Communities Aid Association ") 17th annual exhibition held April 15-18, 2005 in Seattle, Washington. Exposure at the exhibition strengthens the development of the marketing and distribution channels to capture a market share of the PNG (Portable Network Graphics) A bitmapped graphics file format endorsed by the World Wide Web Consortium. It is expected to eventually replace the GIF format, because there are lingering legal problems with GIFs. green bean coffee. Accordingly, in a contract dated April 22, 2005, PNG Coffee Growers Federation Ltd. ("PNGCGF") has agreed to supply one hundred thousand (100,000) sixty kilograms bags (approximately 13.2 million pounds) of green bean coffee earlier of the delivery of the 100,000 bags of coffee or over a period not exceeding twenty four months. Mr. Jon Yogiyo, Vice Chairman of Coffee Pacifica, stated "that buyers' interest came from around the world, including but not limited to United States, Canada, Australia, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Germany, Japan and the United Kingdom. It was a successful promotion of the smallholder Noun 1. smallholder - a person owning or renting a smallholding Britain, Great Britain, U.K., UK, United Kingdom, United Kingdom of Great Britain and Northern Ireland - a monarchy in northwestern Europe occupying most of the British Isles; divided into England and coffee over the four-days. For the first time, ordinary PNG coffee growers and their coffee was at an exhibition in Seattle." Additionally, Mr. Bernard Goma, Vice President of Sales, stated "we established significant contacts which should allow us to get new contracts and sell our coffee on a 'Growers Direct' basis." Coffee Pacifica, Inc. is a distributor and marketer in the United States, Canada and Europe of green bean coffee grown in Papua New Guinea. Green bean coffee in Papua New Guinea is grown by Coffee Pacifica's shareholder-farmers in the Highland region's rich volcanic soils between the altitudes of 4,000 and 6,000 feet. Papua New Guinea coffee is well regarded by consumers for its uniqueness, consistency and special flavor characteristics. For more information about our coffee products, visit our website at www.coffeepacifica.com. PNGCGF is a strategic partner and a major shareholder of Coffee Pacifica. PNGCGF's shareholders are 105 co-operatives representing approximately 60,000 coffee growers organized in various co-operatives located throughout the coffee growing areas of PNG. The high quality premium-grade coffee produced by the co-operatives are pooled and marketed by Coffee Pacifica. Except for the historical matters contained herein, statements in this press release contain "forward-looking statements" within the meaning of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that forward-looking statements involve risks and uncertainties which may affect the Company's business and prospects. Actual results could differ materially, as the result of such factors as: (1) competition in the markets for the Company's green bean coffee; (2) the ability of the Company to execute its plans; and (3) other factors detailed in the Company's public filings with the SEC. By making these forward-looking statements, the Company can give no assurances that transactions described in this press release will be successfully completed, and undertakes no obligation to update these statements for revisions or changes after the date of this press release. This release should be read in conjunction with our Annual Report on Form 10-KSB and our other filings with the SEC through the date of this release, which identifies important factors that could affect the forward-looking statements in this release. In addition, factors that could cause actual results to differ materially from those contemplated in the statements include, without limitation, overall economic conditions, and other risks associated generally with green bean coffee business. These forward-looking statements are not guarantees of future performance. |
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